Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 9 December 2016. Details of the tender are set out below.

Series Offered

2.75% 21 November 2027

Series Number

TB148

ISIN

AU000XCLWAQ1

Offered to Public ($million)

900

First Coupon Payment Due*

21 May 2017

First Coupon Payment Amount (per $100 face value)

$1.375

*Coupons will be paid at half-yearly intervals thereafter.

Lodgment of Bids

Bids may be lodged by Registered Bidders through the AOFM Tender System, which is accessed via the Yieldbroker DEBTS System, between 10.45 am and 11.00 am Australian Eastern Daylight Time on Friday, 9 December 2016.

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 792KB | RTF 1.215MB] dated 27 July 2016.

Announcement of Results

The results of the tender are expected to be announced as soon as practicable after the closing time for the lodgment of bids.

Settlement Arrangements

Successful bids for Treasury Bonds offered in the tender must be settled in the Austraclear System on Tuesday, 13 December 2016.

Last updated: 9 December 2016

Results

9 December 2016

Series Offered

2.75% 21 November 2027

Series ID

TB148

ISIN

AU000XCLWAQ1

Offered to Public ($million)

900

Amount Allotted to Public ($million)

900

Weighted Average Issue Yield (%)

2.8677

Coverage Ratio

3.0411

Lowest Yield Accepted (%)

2.8550

Highest Yield Accepted (%)

2.8700

Volume of Bids Received ($million)

2,737

Number of Bids

49

Number of Successful Bids

23

Number of Bids Allocated in Full

16

Best Bid (%)

2.8550

Worst Bid (%)

2.9050

Weighted Average Bid (%)

2.8751

Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield*

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